New York REIT (New York REIT) GF Value Rank : 0 (As of May. 05, 2024)

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What is New York REIT GF Value Rank?

New York REIT has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

New York REIT GF Value Rank Related Terms

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New York REIT (New York REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New York REIT Inc (NYSE:NYRT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.nyrt.com

New York REIT Inc is a real estate investment trust primarily engaged in acquiring, owning, and leasing commercial properties in New York City. The company's real estate portfolio contains a variety of office, retail, hotel, parking, and storage locations. The vast majority of this portfolio, however, is comprised of office buildings in terms of total square footage. Nearly all of New York REIT's assets are located in the New York City borough of Manhattan. The company derives its revenue mainly in the form of rental income from long-term lease agreements. New York REIT's largest tenants include large law firms and international financial holding companies.

Executives

Howard Goldberg	director
William M Kahane	director	AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Wendy Silverstein	director
Joe C Mckinney	director	P O BOX 33069 SAN ANTONIO TX 78265
James Larry Nelson	director	2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
James P Hoffmann	director	FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Gregory F Hughes	director
Craig T Bouchard	director	C/O SIGNATURE GROUP HOLDINGS, INC., 15303 VENTURA BLVD., STE. 1600, SHERMAN OAKS CA 91403
Sue Perrotty Portia	director	405 PARK AVENUE, NEW YORK NY 10022
Robert Burns	director	C/O AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Keith Locker	director	C/O GLENBOROUGH REALTY TRUST, 400 SOUTH EL CAMINO REAL, SUITE 1100, SAN MATEO CA 94402
Randolph C Read	director	C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Michael A. Happel	officer: CEO & President	405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Nicholas Radesca	officer: Interim CFO, Treasurer & Sec.	C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Marc J Rowan	director	APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019